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Exempted Expenses-Partnership Firm

This query is : Resolved 
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(Querist)
01 July 2010 Can any body list out the expenses done by partnership fime which are exepmted from purview of Income Tax
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
01 July 2010 There is no such list.

It could be personal expenses of partners, tax paid on behalf of partners and their like.

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